Globeleq to Acquire Majority Stake in Zambian Hydropower Company

Wedoany.com Report-Jun 23, Independent power company Globeleq has signed a share purchase agreement with Norwegian investment fund Norfund to acquire a 51% equity stake in Zambia’s Lunsemfwa Hyd...

Zambia Completes 100 MW Solar Farm

Wedoany.com Report-May 27, Zesco, Zambia’s state-owned power company, has completed the 100 MW Chisamba solar farm in southern Zambia, marking it as the country’s largest grid-connected so...

Gemfields to Resume Emerald Mining in Zambia

Wedoany.com Report-May 17, Gemfields, a miner of colored precious stones, has announced the resumption of open-pit mining at its Kagem emerald mine in Zambia, in which it holds a 75% stake. The decisi...

ZESCO to Add 500 Megawatts of Solar Power to National Grid

Wedoany.com Report-May 2, ZESCO, Zambia’s state-owned electricity utility, has unveiled plans to integrate approximately 500 megawatts of solar power into the national grid to address the countr...

Vedanta Eyes US IPO to Develop Konkola Copper Mines in Zambia

Wedoany.com Report-Apr. 25, UK-based Vedanta Resources, owned by Indian billionaire Anil Agarwal, is considering a public listing in the United States for its Zambian unit, Konkola Copper Mines (KCM),...

Commissioning Begins on Sluice 2 at Kariba Dam Spillway

Wedoany.com Report-May 1, Gruner Stucky has announced a significant milestone in the refurbishment of the Kariba Dam, one of Africa’s largest hydropower projects, with the commissioning of Sluic...

Prospect Secures $9.5m From First Quantum for Mumbezhi Copper Project in Zambia

Wedoany.com Report-Apr. 17, Prospect Resources, an Australian mining company, has entered into a strategic investment agreement with First Quantum Minerals (FQM), a prominent copper miner, to raise ap...

Zambia to Resume Construction of Power Line to Tanzania

Wedoany.com Report-Apr. 15, Zambia will soon resume work on the Zambia-Tanzania Interconnector Project, designed to connect its power grid with East Africa’s. The initiative aims to establish a ...

KenGen Secures Geothermal Exploration Rights in Zambia and Tanzania

Wedoany.com Report-Mar 27, Kenya’s state-owned power producer KenGen CEO Peter Njenga confirmed that the company has secured geothermal exploration rights in Zambia and Tanzania. This move furth...

Zambia’s CEC to Invest $500 Million in Power Projects to Increase Transmission

Wedoany.com Report-Mar 25, Zambias Copperbelt Energy Corp. (CECZ.LZ),will invest $500 million over the next two years to increase its solar power output and double the capacity of a power transmission...